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TVS Motor launched its third product in 3 months, the TVS Apache RTR 160. The bike is built on the company's new 4V and this comes just months after the launch of TVS first superbike, the RR 310. The new Apache RTR is priced at Rs 81,490 ex-showroom Delhi. From the side-lines of the launch, CNBC-TV18's Jude Sannith caught up with KN Radhakrishnan, the President and CEO of the company for more details.
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The Society of Indian Automobile Manufacturers' (SIAM) Annual Convention is underway and it's not often that KN Radhakrishnan, CEO of TVS Motor Company makes a media appearance but CNBC-TV18's Ronojoy Banerjee caught up with him and asked about the company's plans of growing the market share.
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CNBC-TV18's Ronojoy Banerjee caught up with Pawan Goenka, MD of M&M from the side-lines of the SIAM Annual Convention and asked him his views on the government's stance of wanting the auto industry to upgrade to European standards.
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In an interview to CNBC-TV18, Manoj Kolhatkar, MD of Gabriel India spoke about the results and his outlook for the company.
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The demonetisation impact has not fully subsided and two-wheeler companies might continue to feel the pain for few more months, according to S Ravikumar, President - Business Development at Bajaj Auto.
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Expect domestic business to be around 55 percent and international around 45 percent in FY18, said Ajith Rai, CMD, Suprajit Engineering.
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TVS will launch new products in collaboration with BMW by end of the current fiscal, says Arun Siddharth, VP - Marketing at the company.
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The company's market share has risen to 15 percent from 13.5 percent last fiscal. It targets 18 percent market share by FY18, says Radhakrishnan.
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In an interview with CNBC-TV18, Mihir Jhaveri, Auto Analyst, Religare Capital Markets, gave his take on May auto sales data that came out yesterday.
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Continued discipline in inventory and working capital management will help in maintaining the strong performance posted in the fourth quarter of FY16, says P Vijayaraghavan, Director of TVS Srichakra.
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On the sidelines of the Invest Karnataka 2016 event, Venu Srinivasan, Chairman of TVS Motor told CNBC-TV18 that the company is planning to double production capacity over the next three years in Karnataka.
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At the 55th annual SIAM convention, CNBC-TV18's Farah Bookwala talks to K-N Radhakrishnan of TVS Motor about the company's growth trajectory.
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JV Adhia, VP Accounts & Finance, Atul Auto and Basudev Banerjee, AVP-Research, Antique Stock Broking spoke about the outlook on the auto space with Anuj Singhal and Latha Venkatesh on CNBC-TV18.
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Vikram Kirloskar believes the auto industry grew just 2-3 percent last year but this year it is expected to double its growth to around 5 percent.
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P Vijayaraghavan, director at TVS Srichakra says the company registered a growth of around 20 percent in the second quarter over the year-ago period.
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Speaking about the cracker sales, Sunil Munjal, Joint MD of Hero MotoCorp told CNBC-TV18 that the automotive industry saw 16 percent growth in 2-wheelers over the last six months.
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The Nifty churns were almost 50 percent or higher over a decade compared to 25-30 percent seen in the developed markets. Significant emergence of new industries like IT and telecom led to a lot of churn in the index.
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India's second largest two-wheeler maker Bajaj Auto's total sales in April declined 10 percent year-on-year to 3.44 lakh units, as sales remained sluggish in the domestic market and exports also slipped.
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Bajaj Auto, MD, Rajiv Bajaj told CNBC-TV18's Ronojoy Banerjee there are a slew of launches in pipeline and see little or no competition in the sports-bike segment.
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Rajiv Bajaj, MD of the company feels the market for auto sector remains quite challenging and expects growth in April-June to be between 0 and -5 percent.
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Bajaj Auto, India's second largest two-wheeler maker, will increase prices in the international market, post the duty drawback cut, Rajiv Bajaj, MD said on Tuesday.
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The government has reduced the export duty drawback from 5.5% to 2%. In an interview to CNBC-TV18, HS Goindi, president-marketing at TVS Motor says the company is assessing the situation post 3% duty drawback cut. "We may look at raising prices in the international markets," he adds.
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The country's largest two-wheeler exporter Bajaj Auto announced a strategic alliance with Japanese Kawasaki in an effort to penetrate deeper into new markets.
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HS Goindi, president marketing, TVS Motor told CNBC-TV18 that the company aims to grow at the rate of 8-10% for the whole year
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Vivek Nayer, senior vice president- marketing, automotive division, M&M spoke to CNBC-TV18 about the growth outlook of the company post the decent December sales number.
